Why Partnership Agreements are Vital for Business Health
By Nina Kaufman, Esq.When you’re starting your business, partnership agreements can seem a tedious exercise. Not only do they take time and careful planning, but also partnership agreements can feel like a bucket of cold water–a real reality dose on your starry-eyed beginnings.
Podcast: Play in new window | Download
Listen in to my BlogTalkRadio interview with Wendy Hanson of The Sassy Ladies, where we cover critical issues in leveraging our business partner resources including:
- The huge benefits that come out of business partnerships
- Why you absolutely want to have a written partnership agreement when you’re doing business with friends or family
- How working with a outside coach or consultant can keep the lines of communication open with your business partner
- The game of “telephone,” and why handshake partnership agreements set you up for uncertainty
Business partners are like spouses: choose the wrong one, and you’re in for a hellish ride. Your business partner can boom or bust your business. Find out how to make the right business partner choices for you, and why written partnership agreements are key for optimal business health.
Have questions about working with Kaufman Business Law? This is the video to watch.
